Global investment firm The Carlyle Group Inc. announced its unaudited financial results for the fourth quarter and full year ending December 31, 2024. According to U.S. GAAP, the company reported income before provision for income taxes of $265 million for the fourth quarter and $1.4 billion for the entire year, with a margin of 25.7% in both periods.

Carlyle's CEO Harvey M. Schwartz commented on the performance: “Carlyle delivered a strong 2024, meeting every financial target we set, including record Fee Related Earnings and FRE margin, and robust inflows. As we enter 2025, we expect a high level of activity across our platform and remain focused on driving long-term shareholder value.”

The company's Board of Directors declared a quarterly dividend of $0.35 per common share, payable on February 28, 2025, to shareholders recorded by February 21, 2025. In total for the year 2024, Carlyle declared $1.40 in distributions to common shareholders.

A conference call is scheduled at 8:30 a.m. EST on February 11, 2025, to discuss these results further. This call will be accessible via webcast from their investor relations website.

Carlyle operates globally with expertise in Global Private Equity, Global Credit, and Global Investment Solutions segments. As of December 31, 2024, they manage assets worth $441 billion across four continents.

The press release includes forward-looking statements subject to risks and uncertainties detailed in their filings with the SEC.

For more information or inquiries regarding this announcement:

Public Market Investor Relations:

Daniel Harris

Phone: +1 (212) 813-4527

daniel.harris@carlyle.com

Media Contacts:

Brittany Berliner

Phone: +1 (212) 813-4839

brittany.berliner@carlyle.com

Kristen Ashton

Phone: +1 (212) 813-4763

kristen.ashton@carlyle.com